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The calendar year is the period between January 1 and December 31.
If Company XYZ starts its fiscal year on January 1 and ends its fiscal year on December 31, then Company XYZ's fiscal year is said to be on a calendar year basis. Many companies align their fiscal years with the calendar year, but many don't. For example, Company 123 might start its fiscal year on October 1 and end on September 30.
It is important for investors to know whether a company uses the calendar year or another period for their fiscal year, especially when comparing companies in seasonal industries.
: the period of time from January 1 to December 31
What made you want to look up calendar year? Please tell us where you read or heard it (including the quote, if possible).
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